According to Techub News and reported by Cryptonews, the International Monetary Fund (IMF) rejected Pakistan's plan to provide preferential electricity prices for cryptocurrency mining. The IMF pointed out that Pakistan did not consult with them before announcing the Bitcoin mining energy plan. The Secretary of the Power Division of Pakistan informed the Senate Power Committee that the IMF believes the plan may exacerbate the burden on the power system and cause market distortions. Currently, the Pakistani government is renegotiating the electricity subsidy scheme with international institutions. The Senate Power Committee also discussed technical solutions to combat electricity theft and requested the power department to submit a detailed response on related issues before the next meeting.

Earlier this year in May, the Pakistani government announced plans to allocate 2000 megawatts of electricity for cryptocurrency mining and artificial intelligence data centers, aimed at attracting foreign investment. This plan is promoted by the Pakistan Crypto Council and supported by the Ministry of Finance.